After 2 years of consolidation, extreme bad news, wars, possibility of recessions, bad FED commentaries and bond yields; Dow has finally risen and gave breakout and closing above its all time high 36,400 with a Bullish Khatana candle. Now we can expect a very good up move and next bull run series in Dow and in world markets.
This does not mean we will not expect retracements or consolidations. 5% to 7% retracements time to time would give a very good strength to the markets world wide and this should happen to continue the up trend. Each retracement would be a very good opportunity for all the investors to make a very good wealth in long term prospects. I am, therefore, giving an extremally aggressive targets for Dow and market world wide. These targets are calculated as per Fibo.
CMP - 37,300 (17/12/23)
T - 42,000 ; 50,000
This does not mean we will not expect retracements or consolidations. 5% to 7% retracements time to time would give a very good strength to the markets world wide and this should happen to continue the up trend. Each retracement would be a very good opportunity for all the investors to make a very good wealth in long term prospects. I am, therefore, giving an extremally aggressive targets for Dow and market world wide. These targets are calculated as per Fibo.
CMP - 37,300 (17/12/23)
T - 42,000 ; 50,000
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.